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Evergreen Technologies Inc. has the following financial information: Total Assets: $ 8 5 , 0 0 0 , 0 0 0 Current Liabilities: $ 1

Evergreen Technologies Inc. has the following financial information:
Total Assets: $85,000,000
Current Liabilities: $18,000,000
Long-term Liabilities: $32,000,000
Common stock (par value =$0.75): $1,200,000
Additional paid in capital: $5,840,000
Retained earnings: $36,300,000
Calculate Evergreen Technologies Inc.'s book value per share.
Referring back to the previous question, if Evergreen Technologies Inc.'s net income for the
associated year =$3,182,000 and if Evergreen Technologies Inc. has a P/E ratio of 12.8(note that
P/E ratio = stock price per share divided by earnings per share), what is the price of the company's
stock (rounded to the nearest cent; for example, record $5.18734 as 5.19)?
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